American Airlines Group AAL - Technical Analysis ConsiderationBased on this morning opening of IAG, It Seems that might reach a new minimum of 9$...Let's wait and see
A1G trade ideas
AAL - long term tradeThis is going to go for all airlines not just AAL. If we hit the low of 2008 on any airline I will be buying them up. These will be a long term hold or a quick flip when they double. To say people will never fly again is hyperbolic and not even feasible. And on top of that when a vaccine comes out these stocks will rocket up. It's a win win. Don't let stagecoach buffett scare you out of a trade.
American Airlines Group - AAL - Not time to buy (yet)Long Term analysis shows a bearish market.
Short term analysis, the trend is sideways, (it can be seen as continuation pattern - so the market should keep going down).
The best option is to wait to see to test/break the top resistance(s) and then decide if it is possible to go short.
Bearish Triangle - AAL to $9Time to buy some puts - would be hilarious if it actually broke to the upside though
#AAL ANALYSIS.. BEARISH IN LONG TERM.. I think there is not much to say about #AAL.. Due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult situation.. The cash flows of the airline companies are seriously disrupted and this situation seems to continue for a while, in this context, we can see much lower levels in the stock price..
Also, if we approach the situation in the technical scope, the symmetrical triangle draws attention on weekly chart, this is very bearish for American Airlines in longterm..
Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
A Bearish View of the Airline IndustryLast time I posted a bullish view, this time A Bearish View of the Airline Industry.
I have to say this bearish view looks more and more likely.
The Flight - 1990Tall, bold, familiar yet aggressive....
Take me to the Finals!
Taking AIR...
FLY HIGH! Let's GO!
Technical Bull-ish blah blah blah...
Weekly RSI hovering around the 30 RSI line. (over sold)
Last time were were around the 30 was back in 08, 11 and 16 with huge spikes up towards the 40.
Green linear trend line: the linear regression of the best performance years.
Yellow linear trend line: The linear regression of the min growth rate.
This is a long-term hold for me:
Roth IRA hold, Long-Term Stock hold.
Maybe a little degenerate gambling with some Calls.
American Airlines | Broken wings or ready to take off?The NASDAQ:AAL stock has tumbled during the corona crisis and has lost 70% of it's worth. The long term support line might act as a got entry chance. At least the RR-ratio looks promising.
AMERICAN AIRLINES GROUP INC (AAL) Monthly & WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
AAL is amazing for long sellers but terrible for shortAAL is suffering from a drop to 12 dollars in the stock market and it’s a great opportunity for long sellers. AAL is sure to recover and hit around its old price meaning we could potentially double our money. Sadly there is a pre existing downtrend that might affect the stock growth after the initial surge up, but I’m not sure so don’t be worried. My chart for American Airlines is actually the worst case scenario that I can see happening since it goes below the price before the drop and has it decrease over time. It might be better than this so long sellers should love this stock.
AAL American Airlines - Burning Through $70 million A DayAmerican Airlines 1st Quarter numbers are in. As expected, they weren't good.
AAL just posted its biggest loss since the Great Recession in 2008 as they lost $2.2 Billion. In the 2nd quarter they are burning through $70 million dollars per day. SO if you're wondering how the 2nd quarter numbers will look, that should give you somewhat of an idea. US airline travel is down approximately 95% compared to the same time last year. In attempts to cut costs, around 39,000 employees have volunteered for unpaid pr partially paid leave.
Brief reminder, airlines can most definitely fail. American Airlines is still fresh off it's bankruptcy that occurred in late 2011.
Technical:
Stock prices at the moments seem to be pure gambles as some are completing deviating from TA and fundamentals. Would only buy to go in and out for quick trades. We're not long on airlines until we see flights filing up again. If going long for a quick scalp, look for support around $10.45 and $9.00 with a tight stop loss. As per bottom, we've seen some consolidation in the current region we're in but we're not yet comfortable here. Any further drops we can look at $6.94, $4.55, & $1.09.
Hit us with a like and a follow for more updates. Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
AAL may be coiling for a move upEarnings tomorrow. One to watch.
Been on our watchlist for a while due to the insane RSI divergence.
We only have shares at the moment with an average price/share around $10. However, we may move to calls depending on how it does tomorrow and rest of the week. If not, no worries, can hold shares for a while.
AAL "Long" I had a long from 10.02 but closed it at 10.80.. then I noticed AAL broke some resistances and also the channel it was sitting on which made me buy some calls for tomorrow! American Airlines earning date is on April 30 which is probably when the big shorts will come in..
Airlines have been one of the worst-performing stocks lately while many other companies that are closed have still pumped.. maybe its time AAL shines for a couple of days!
Resistance lines are shown, we ideally wanna keep 11.14 holding if we are going to shoot for 12+ tomorrow.. maybe FOMO will get to people who knows..
Good Luck!
AAL LONGentry at actual fill price of 10.92,
bit lower would of been ideal, but didnt get my butt out of bed this morning!
Really like this setup!
nice triple bottom
head and shoulders pattern on higher timeframe
this trade could potentially turn into a swing
AMERICAN AIRLINES GROUP INCnext target $9.50
if price breaks with force $9.09 next target $7.85
high probability if the price breaks with force it will get $4.80
AAL SHORT TO $ 9.28 AND BELOW I feel that the airline stock is frail.
The numbers dont match.
Dont believe the hype .
American Airlines AAL long. This is similar to Delta airlines. Very possible to swing up. High probability. Needs patience. They got funding. They have crappy debt. No cash on hand. And financials aren’t so great. But they are America’s airline. And they are the worlds largest airline. America won’t let this airline fail. At 10$ it’s a steal. Check out YouTube for the CEO talking about the funding they received from the government.
RISKY AAL "LONG"We have a pretty strong resistance at $10.. we have broken it once which resulted in a 40% BOUNCE! I bought some calls in hope of a strong bounce.
Earnings date is 4/24 (on Friday) which will make this a risky long, stop loss for traders would be 9.05..
Good Luck! I am not a professional.
